Sneller dan verwacht maar prima financing die zo'n 6M. extra cash zal toevoegen. Warrants op 50 cents ook goed geprijsd. De interesse zal groot zijn en ik verwacht dat er een tweede en wellicht derde ronde bijkomt voor meer $$. Future looks bright; na de closing kunnen we omhoog....
Silver Viper Announces C$5 Million Private Placement
VANCOUVER, British Columbia, May 13, 2020 -- Silver Viper Minerals is pleased to announce that it (...) shall offer for sale up to 13,889,000 units of the Company (the “Units”) on a “best efforts” private placement basis, subject to all required regulatory approvals, at a price per Unit of C$0.36 (the “Issue Price”) for total gross proceeds of up to C$5,000,040 (the “Offering”).
Each Unit shall consist of one common share of the Company (a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one Share at a price of C$0.50 for a period of 24 months following the Closing Date.
The Company has granted the Agents an over-allotment option to purchase up to an additional 2,778,000 Units at the Issue Price, exercisable in whole or in part, at any time on or prior to 48 hours prior to the closing of the Offering. If this option is exercised in full, an additional C$1,000,080 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be C$6,000,120.
The Company intends to use the net proceeds of the Offering to fund the development of the La Virginia project in Sonora, Mexico, and for working capital and general corporate purposes.